Title: Argentina Cards and Payments Industry 2017
1Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive LandscapebyTimetric
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2Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
- The Argentinian card payments channel grew both
in volume and value terms during the review
period. In terms of volume, the card payments
channel grew at a CAGR of 14.51 from 35.0
million cards in 2008 to 60.2 million in 2012.
Growth is anticipated to continue at a
forecast-period CAGR of 6.27 to reach 86.5
million cards in circulation by 2017. - In terms of card volume, credit cards accounted
for a 46.4 share in 2012, followed by debit
cards with 45.1. In terms of value, the card
payments channel grew from ARS265.4 billion
(US84.4 billion) in 2008 to ARS561.6 billion
(US123.8 billion) in 2012, at a CAGR of 20.61.
The channel is expected to reach ARS839.2 billion
(US102.3 billion) in 2017, representative of a
forecast-period CAGR of 7.03. Growth in the
channel is expected to be driven by an increasing
demand for charge cards and credit cards, a
better regulatory framework, an increasing
e-commerce market and a positive economic
outlook. - The implementation of improved security measures
and advanced technology has changed the dynamics
of the cards and payments industry in Argentina.
EMV is a chip-based technology superior to
magnetic strip based cards in terms of security
and transaction speed. EMV technology supported
by NFC-enabled contactless payment systems will
significantly reduce the processing speed of
transactions, saving time and money for customers
and retailers. - Request sample copy of this report _at_
http//www.rnrmarketresearch.com/contacts/request-
sample?rname142991 .
3Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
- Scope
- This report provides a comprehensive analysis of
Argentinas cards and payments industry. - It provides current values for Argentinas cards
and payments industry for 2012, and forecast
figures for 2017. - It details the different economic,
infrastructural and business drivers affecting
Argentinas cards and payments industry. - It outlines the current regulatory framework in
the industry. - It details the marketing strategies used by
various banks and other institutions. - It profiles the major banks in Argentinas cards
and payments industry. - Complete report available _at_ http//www.rnrmarketre
search.com/argentinas-cards-and-payments-industry-
emerging-opportunities-trends-size-drivers-strateg
ies-products-and-competitive-landscape-market-repo
rt.html .
4Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
- Reasons To Buy
- Make strategic business decisions using top-level
historic and forecast market data related to
Argentinas cards and payments industry and each
market within it. - Understand the key market trends and growth
opportunities within Argentinas cards and
payments industry. - Assess the competitive dynamics in Argentinas
cards and payments industry. - Gain insights in to the marketing strategies used
for selling various card types in Argentina. - Gain insights into key regulations governing
Argentinas cards and payments industry. - Request sample copy of this report _at_
http//www.rnrmarketresearch.com/contacts/request-
sample?rname142991 .
5Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
- Key Highlights
- The Argentinian card payments channel registered
marginal growth during the review period
(2008-2012). The number of cards in circulation
recorded a review-period CAGR of 14.51,
supported by a positive economic outlook, a need
for more sophisticated products in terms of
prepaid and charge cards, the growth of retail
commerce and increased demand for prepaid
products. - During the review period, the size of the card
payments channel, in terms of volume, increased
at a CAGR of 14.51 to reach 60.2 million cards
in 2012. In value terms, the Argentinian card
payments channel grew from ARS265.4 billion
(US84.4 billion) in 2008 to ARS561.6 billion
(US123.8 billion) in 2012. Over the forecast
period (2013-2017), card payments are expected to
deliver strong growth as consumers increasingly
move away from cash transactions. - Competition in the cards and payments industry
has forced issuers to employ effective
promotional strategies. Card transaction
discounts and benefits, which create consumer
satisfaction and increased customer loyalty, are
available. Benefits include complementary
insurance, interest-free credit, overseas medical
and legal assistance, and information on
transactions through e-statements. Many banks
have competitive interest rates on credit cards
with deferred interest. Also available is a 5
VAT rebate on purchases made with certain cards. - Request sample copy of this report _at_
http//www.rnrmarketresearch.com/contacts/request-
sample?rname142991 .
6Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
- For more details contact Mr. Priyank Tiwari
sales_at_rnrmarketresearch.com / 18883915441
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